Different Types of Mutual Funds in the Philippines

Different Types of Mutual Funds in the Philippines

Before opening a Mutual Fund account, you need to know what kind of account suits you best. Their classifications are:

Money Market Funds – are invested in short-term (one year or less) debt instruments, fixed income securities, special savings and short-term bonds. These types of funds are suitable for low-risk taking investors and individuals who are looking for profit and higher returns than savings and time deposits.

Bond Funds – are invested in medium to long-term debt instruments, fixed income securities and government and corporations bonds (1 year or more). These types of funds are suitable for risk-tolerant investors who are looking for higher yields and returns.

Balanced Funds – are invested in equity securities and some fixed income securities in other words, a combination of debt instruments and shares of stocks of Philippine companies. These funds are suitable for risk-taking individuals who are aware of stock market investment and their possible profit and gains.

Equity Funds – are invested purely on shares of stocks in the Philippine stock market and are suitable for aggressive and risk-taking investors who understand the stock market and possible capital appreciation.

LOOK: MUTUAL FUND IN THE PHILIPPINES

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